No, the Height and Width properties reflect the current size of the form.
To prove it, add a label, and the following code to your Load event handler:
private void Form1_Load(object sender, EventArgs e)
{
Timer t = new Timer();
t.Interval = 100;
t.Tick += new EventHandler(t_Tick);
t.Start();
}
Then add the handler:
void t_Tick(object sender, EventArgs e)
{
label1.Text = string.Format("{0}:{1}", Width, Height);
}
Run your app, and look at the label while you resize the form.